HS4 subsector intelligence

Peat
HS4 2703 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 27031995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$1.9BGlobal subsector value
02

Annual change

+2.1%Latest year on year
03

Exporters

124Active reporting countries
04

Importers

187Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$1.9B in trade, with -2.2% annualized growth over three years.

Peat is recorded across 2,159 active corridors, with 124 exporters and 187 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $490.8M1996: $507.0M1997: $473.7M1998: $519.3M1999: $562.2M2000: $530.9M2001: $526.2M2002: $595.2M2003: $689.1M2004: $730.5M2005: $784.1M2006: $855.5M2007: $1.2B2008: $1.1B2009: $1.1B2010: $1.1B2011: $1.3B2012: $1.6B2013: $1.9B2014: $2.3B2015: $2.3B2016: $1.8B2017: $1.8B2018: $2.0B2019: $1.8B2020: $1.7B2021: $2.0B2022: $2.0B2023: $1.8B2024: $1.9B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$416.7M-8.7%1556 kmYes
2LatviaLVAChinaCHN$68.9M+32.6%17,576 kmNo
3GermanyDEUNetherlandsNLD$46.8M-13.8%1579 kmYes
4NetherlandsNLDGermanyDEU$45.9M-8.4%1579 kmYes
5EstoniaESTChinaCHN$37.5M+28.7%17,432 kmNo
6GermanyDEUItalyITA$36.1M+6.8%11,184 kmYes
7BelgiumBELFranceFRA$36.0M-8.3%1264 kmYes
8LatviaLVAGermanyDEU$33.8M-1.7%1845 kmYes
9LatviaLVAItalyITA$30.2M+0.7%11,868 kmYes
10NetherlandsNLDBelgiumBEL$27.5M-7.1%1174 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1CanadaCAN$444.8M701
2LatviaLVA$356.1M1221
3GermanyDEU$211.6M1081
4NetherlandsNLD$203.1M1261
5EstoniaEST$159.6M1131
6LithuaniaLTU$108.8M1141
7BelgiumBEL$69.0M631
8IrelandIRL$35.9M311
9FinlandFIN$33.3M541
10SwedenSWE$30.6M221
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$448.6M341
2NetherlandsNLD$141.0M511
3ChinaCHN$124.6M231
4GermanyDEU$121.2M411
5FranceFRA$98.4M371
6ItalyITA$90.9M301
7SpainESP$58.8M261
8BelgiumBEL$52.4M231
9PolandPOL$49.9M251
10United KingdomGBR$45.8M271

HS6 product coverage

The products inside HS4 2703

Six-digit classifications make the subsector specific. Browse the product workspace ↗

1 classifications shownPeat
01
Peat: (including peat litter), whether or not agglomeratedHS6 270300

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.